Philippines Economy & Philippines Markets Data analytics

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MacroVar monitors real-time economic, financial and geopolitical developments for the Philippines economy and Philippines markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.

Philippines Overview

 
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Philippines Overview presents the current trends and dynamics of the major Philippines financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.


Symbol Price 1D% MoM% YoY% M T B Details
PSI Composite PSI 6588.17 1.52 0.03 1.18
Description
Philippines 2-year bond yield PH.2Y 6.02 -0.82 -0.03 -4.06
Description
Philippines 10-Year Bond Yield PH.10Y 6.31 0 -0.07 -0.24
Description
Philippine peso US Dollar (PHP/USD) PHPUSD 58.29 -0.02 -0.01 6.97
Description
Manufacturing PMI ph.manpmi 51.2 0 0 -1
Description
Symbol Price 1D% MoM% YoY% M T B Details
PSI Composite PSI 6588.17 1.52 0.03 1.18
Description
Philippines ETF EPHE 24.8 0.12 0.01 -2.9
Description
Philippines 2-year bond yield PH.2Y 6.02 -0.82 -0.03 -4.06
Description
Philippines 10-Year Bond Yield PH.10Y 6.31 0 -0.07 -0.24
Description
Philippines Yield Curve PH.YC 0.29 21.1 -0.44 -395.88
Description
Philippine peso US Dollar (PHP/USD) PHPUSD 58.29 -0.02 -0.01 6.97
Description
Philippines Credit Default Swaps CDS.Philippines 68.5 2.62 -0.02 -11.33
Description
Symbol Price 1D% MoM% YoY% M T B Details
Manufacturing PMI ph.manpmi 51.2 0 0 -1
Description
GDP Growth (annual) ph.gdpgrowthan 5.7 4 4 -246
Description
Inflation CPI ph.inflationcpi 3.7 -5 -5 -31
Description
Unemployment rate ph.unemploymentrate 4.1 2 2 -9
Description
Symbol Price 1D% MoM% YoY% M T B Details
PSI Composite PSI 6588.17 1.52 0.03 1.18
Description
Philippines 2-year bond yield PH.2Y 6.02 -0.82 -0.03 -4.06
Description
Philippines 10-Year Bond Yield PH.10Y 6.31 0 -0.07 -0.24
Description
Philippine peso US Dollar (PHP/USD) PHPUSD 58.29 -0.02 -0.01 6.97
Description
Philippines Credit Default Swaps CDS.Philippines 68.5 2.62 -0.02 -11.33
Description

Philippines Economic Overview

  
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Philippines economic overview presents a snapshot of Philippines current economic conditions. You can find details for the Philippines economy subsections by exploring the sections below.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Manufacturing PMI ph.manpmi 52.9 53.7 -1 1 UP UP

Philippines Manufacturing

  
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MacroVar tracks hundreds of indicators related to Philippines manufacturing. Our focus is on the most important leading indicators based on the ISM report and related indicators. The ISM report is the most important report reflecting the real demand of goods in the Philippines economy.


1Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Manufacturing PMI ph.manpmi 52.9 53.7 -1 1 UP UP
industrial production ph.indproduction -7.6 0 0 -1186 Down Down

Philippines consumer sentiment

  
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Consumer spending makes up 67% of the U.S. Economy. MacroVar monitors direct consumer reports like the University of Michigan Consumer Sentiment Index and indirect macroeconomic indicators related to Philippines employment and Philippines consumer activity (building permits).


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
consumer confidence ph.consconfidence -15.6 -20.5s -24 -19 Down UP
unemployment rate ph.unemploymentrate 3.7 4s -7 -12 Down Down
retail sales MoM ph.retailsales 0.3 0.3s 0 200 UP UP
building permits ph.buildingpermits 13436.0 15099s -11 -64 Down Down

Philippines Construction

  
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The Philippines construction sector is a significant component of the Philippines economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
building permits ph.buildingpermits 13436.0 15099 -11 -64 Down Down

Philippines Macroeconomic outlook

  
Philippines Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Philippines economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Philippines macroeconomic model in detail.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
gdp ph.gdp 437.15 404.28 8 87 UP UP
Real GDP ph.realgdp 5317539.78 5538740 -4 20 UP UP
gdp growth annual ph.gdpgrowthan 5.2 6.4 -19 -26 Down Down
gdp growth ph.gdpgrowth 1.7 0.5 240 -41 UP Down
inflation cpi ph.inflationcpi 2.3 1.9 21 -53 Down Down
interest rate ph.interestrate 6.5 6.5 0 4 UP UP
unemployment rate ph.unemploymentrate 3.7 4 -7 -12 Down Down
external debt ph.externaldebt 125393.69 111268 13 66 UP UP
government debt to gdp ph.govdebtgdp 60.1 60.9 -1 18 UP UP
current account ph.currentaccount -864.1 -2406.87 -64 -31 Down UP
current account to gdp ph.currentaccountgdp -1.3 -4.4 -70 -142 Down Down
exports ph.exports 6130084.86 5905850 4 -6 Down Down
imports ph.imports 11344607.74 11145000 2 10 Down UP
foreign exchange reserves ph.fxreserves 112430.0 112000 0 11 UP UP
gold reserves ph.goldres 145.72 159.05 -8 -7 Down Down
government revenues ph.govrev 299653.0 386337 -22 17 Down UP
fiscal expenditure ph.fiscalexp 572919.0 440543 30 13 UP UP

Philippines Inflation

  
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MacroVar monitors major inflation indexes and subcompoonents based on Bureau of Labour Statistics monthly report.


Indicator Symbol Actual Previous M/M% Y/Y% Trend
inflation cpi ph.inflationcpi 2.3 1.9 21 -53
core inflation rate ph.coreinflationrate 2.4 2.6 -8 -59
Produce Prices YoY ph.producerpricesch -1.4 -1.1 27 600

Philippines Employment

  
MacroVar monitors leading indicators (ISM/NMI employment activity), coincident (Initial & Continuing jobless claims) and lagging indicators of Philippines employment. Philippines employment is one of the major factors affecting Philippines monetary policy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
unemployment rate ph.unemploymentrate 3.7 4 -7 -12 Down Down

Philippines Monetary Policy

  
Philippines Monetary policy is monitored by tracking the most important indicators related to the Fed's balance sheet and interest rates.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
interest rate ph.interestrate 6.5 6.5 0 4 UP UP
central bank balance sheet ph.cb.assets 7954.8 7874.47 1 9 UP UP
banks balance sheet ph.banks.bs 1147.0 1164 -1 -4 UP Down
money supply m1 ph.msm1 6899179.0 6767180 2 6 UP UP
money supply m2 ph.msm2 17121196.75 16993900 1 6 UP UP
government debt to gdp ph.govdebtgdp 60.1 60.9 -1 18 UP UP
loans to private sector ph.loanprivate 10604190.0 10473800 1 10 UP UP
Philippines Credit Rating (S&P) RATING.S&P.PH
Philippines Credit Rating (Moody's) RATING.MOODYS.PH
Philippines Credit Rating (Fitch) RATING.FITCH.PH

Philippines Fiscal Policy

  
Philippines Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
government revenues ph.govrev 299653.0 386337 -22 17 Down UP
fiscal expenditure ph.fiscalexp 572919.0 440543 30 13 UP UP
government budget ph.govbudget -6.2 -7.3 -15 210 Down Down
Government budget ph.govbudgetvalue -273266.0 -54206 404 9 Down Down
government debt to gdp ph.govdebtgdp 60.1 60.9 -1 18 UP UP

Philippines Trade

  
Philippines trade activity is monitored by tracking Trade and Capital flows.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
current account ph.currentaccount -864.1 -2406.87 -64 -31 Down UP
current account to gdp ph.currentaccountgdp -1.3 -4.4 -70 -142 Down Down
balance of trade ph.balanceoftrade -5086999.0 -4392560 16 43 Down Down
imports ph.imports 11344607.74 11145000 2 10 Down UP
exports ph.exports 6130084.86 5905850 4 -6 Down Down
capital flows ph.capitalflows 6.32 5.43 16 19 UP UP
foreign direct investment ph.fdi 813.0 820 -1 -14 UP Down
external debt ph.externaldebt 125393.69 111268 13 66 UP UP
foreign exchange reserves ph.fxreserves 112430.0 112000 0 11 UP UP
gold reserves ph.goldres 145.72 159.05 -8 -7 Down Down